Reinvent Albany
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Congestion Pricing Can Still Happen in 2021 — But There Are a Lot of ‘Ifs,’ Including President Biden
Advocates are hopeful that incoming President Biden will fast-track congestion pricing so that they can still start in 2021. But how would such a thing happen? Here's our latest deep dive into the issue.
November 19, 2020
MTA Prepares To Borrow $3B From Federal Reserve
The MTA Board is expected to approve a resolution that would allow the agency to borrow the maximum amount from the Municipal Liquidity Facility fund.
November 17, 2020
State Senators Admit They Don’t Understand The MTA’s Enormous Deficit
Legislators, including State Senator John Liu, displayed a stunning lack of insight into where the MTA's money comes from and the long-term financial state of the hobbled transit agency.
August 26, 2020
With No Federal Money Coming, the MTA Has Options — Bad Ones
The Feds are allowing transit agencies to use capital funds for operating expenses. But that option comes with huge downsides.
August 6, 2020
Report: The MTA Does More for the Nation than The Nation Does for the MTA
Ask not what the MTA can do for your country — ask what you can do for the MTA.
June 17, 2020
Transit Watchdogs: Raiding MTA Taxes Will Threaten A Federal Bailout
Governor: Keep your hands off tax money that's supposed to go to the cash-strapped MTA!
April 30, 2020
Advocates: MTA’s Finance Quick Fix Should Not Become Permanent
State budget negotiators are considering touching the ultimate third-rail of MTA funding — raiding revenue sources that are earmarked for capital improvements — in order to stave off an immediate fiscal collapse.
April 1, 2020
Comptroller: MTA Debt Could Mean Fare Hikes, Service Cuts
The route out from under a mountain of debt could be through the public's wallet.
March 12, 2020
Advocates: MTA Using Money It Doesn’t Have to Hire Cops It Doesn’t Need
Run the system better — that's the key.
November 4, 2019
UPDATED: Mayor to MTA: You Can Have My Money … on Three Conditions!
The MTA is expecting $3 billion from the mayor — but he wants to make sure the agency exhausts a lot of other funding first.
September 25, 2019